Latest Geological Interpretation News

Magnetic Resources NL has upgraded its Lady Julie Gold Project resource to 2.24 million ounces, with over 80% now in the Indicated category, positioning the company closer to development readiness. The LJN4 deposit remains a standout as one of Western Australia’s largest and highest-grade undeveloped open pit gold deposits.

Moonlight Resources has reported strong initial assay results from its Leo Grande Prospect drilling campaign, confirming thick, near-surface gold mineralisation and validating its geological model. The promising findings set the stage for an expanded exploration program at Clermont.

Hamelin Gold has launched a detailed aeromagnetic survey at its Venus project in Western Australia's Murchison district, uncovering a 6-kilometre extension of gold-bearing geology and confirming high-grade mineralisation at the Magellan prospect.

Cannindah Resources has pinpointed a promising high-grade copper-gold target in the under-drilled southern section of its Cannindah Breccia resource, with a new drilling campaign set to begin shortly.

Adelong Gold has updated its Lauriston Project drilling progress, revealing visible gold in drillhole AC2502 and confirming assay results for six Comet prospect holes are expected in Q1 2026. Drilling has also commenced at the nearby Yankee-Trojan prospect, maintaining momentum in this promising Victorian gold-antimony system.

Australian Mines Limited has reported promising initial assay results from its 2025 drilling campaign at the Boa Vista Gold Project in Brazil, confirming broad and continuous gold mineralisation with significant high-grade zones.

Catalina Resources’ recent drilling at Breakaway Dam validates a copper-rich volcanogenic massive sulphide system, revealing significant mineralisation over 700 metres and promising broader exploration potential across 16 kilometres.

Golden Horse Minerals has launched a major 125,000-metre drilling campaign at its Southern Cross Gold Project, aiming to expand mineral resources and unlock new regional targets in 2026.

Magnetic Resources NL has updated its Mineral Resource Estimate for the Lady Julie Gold Project, now exceeding 2.24 million ounces of gold with a strong majority classified as Indicated. The LJN4 deposit alone tops 2 million ounces, positioning the project for imminent development.

Patagonia Lithium’s latest drilling at Formentera reached 401m, revealing promising lithium concentrations at shallower depths but encountering low-porosity clays that limited further progress. The findings refine the company’s geological understanding and set the stage for upcoming drilling.

Astral Resources has reported significant progress in its Mandilla Gold Project, underpinned by robust drilling outcomes and a $65 million capital raise to fund development. The company is on track for a Final Investment Decision in September 2026, aiming for first gold production by the end of 2027.

Eminence Minerals has engaged Brazilian consultancy GE21 to conduct a strategic technical review of its Campo Grande rare earth project, aiming to pave the way for a formal resource estimate and development studies.